OTCPK:MEAOD - Post by User
Comment by
JRaffleson Oct 23, 2016 6:01am
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Post# 25375291
RE:One extreme undervalued gold produce - GCM.TO
RE:One extreme undervalued gold produce - GCM.TOI may be better to reverse back into MTO:-
- GCM production and grade OK
- Location would be better in British Columbia
- $100m in 2020 6% gold notes convertible at 13c - todays price 12c
- Dilution from 277m shares to 1,448m per presentation [500%]
For the above reasons the gold note holders have a stranglehold on the company and issued shareholders.